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Asia Roundup: Yen at 1-week peak against dollar as trade optimism fades, euro consolidates following Washington’s threat, Asian shares decline - Wednesday, July 3rd, 2019

Jul 03, 2019 07:15 am UTC| Market Roundups

Economic Data Ahead (0915 ET/1315 GMT) Italy Markit/IHS Svcs PMI (0915 ET/1315 GMT) Italy Composite PMI (0920 ET/1320 GMT) France Markit Serv PMI (0920 ET/1320 GMT) France Markit Comp PMI (0925...

Europe Roundup: Sterling near 2-week low amid Brexit turmoil, euro rebounds after Italy PM says deficit back on track, European shares surge - Tuesday, July 2nd, 2019

Jul 02, 2019 11:17 am UTC| Market Roundups

Market Roundup EUR/USD 0.17%, USD/JPY -0.16%, GBP/USD -0.21%, EUR/GBP 0.39% DXY -0.16%, DAX -0.22%, FTSE 0.47%, Brent -0.65%, Gold 0.62% UK Jun Markit/CIPS Cons PMI, 43.1, 49.3 fcast, 48.6 prev UK...

Asia Roundup: Aussie eases as RBA cuts rate, greenback gains as progress in U.S.-China talks eases pressure off Fed to cut rates, Asian shares rally - Tuesday, July 2nd, 2019

Jul 02, 2019 07:08 am UTC| Market Roundups

Market Roundup Australias central bank cuts rates to 1%, likely not done yet Australian government close to securing enough votes for $110 bln tax cut plan Trump says any China trade deal would need to be...

America's Roundup: Dollar climbs to two-week high as U.S.-China trade tensions ease, Gold falls, Oil steadies on OPEC cuts, but oversupply fears persist-July 2nd,2019

Jul 01, 2019 20:29 pm UTC| Market Roundups

Market Roundup Trump says China trade talks back on track, new tariffs on hold U.S.-China trade agreement takes little pressure off Fed to cut rates US June ISM Manufacturing PMI, 51.7, 51.0 forecast, 52.1...

Euro Roundup: Sterling plunges on mounting no deal Brexit fears, euro slumps as EZ factory activity shrinks, European shares rally after U.S.-China trade truce - Monday, July 1st, 2019

Jul 01, 2019 11:30 am UTC| Market Roundups

Market Roundup EUR/USD -0.32%, USD/JPY 0.35%, GBP/USD -0.39%, EUR/GBP 0.08% DXY 0.42%, DAX 1.33%, FTSE 1.16%, Brent 2.43%, Gold -1.36% Trump says China trade talks back on track, new tariffs on...

Asia Roundup: Antipodeans off multi-week peaks, greenback rallies as Trump, Xi agree to resume talks, Asian shares surge - Monday, July 1st, 2019

Jul 01, 2019 06:49 am UTC| Market Roundups

Market Roundup Trump says China trade talks back on track, new tariffs on hold China Jun NBS Manufacturing PMI, 49.4, 49.5 fcast, 49.4 prev China Jun Caixin Mfg PMI Final, 49.4, 50.0 fcast, 50.2...

America's Roundup: Dollar little changed awaiting G20 trade news, Wall Street rises, Gold gains ahead of U.S.-China trade talks, Oil edges higher ahead of G20, OPEC meeting-June 29th,2019

Jun 28, 2019 22:08 pm UTC| Market Roundups

Market Roundup Trump prepares for productive talks with Xi on trade war Feds Kaplan isnt ready to cut interest rates -Fox Business Network US May Consumption, Adjusted MM, 0.4%, 0.4% forecast, 0.3% previous ...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Bitcoin Thrives: Whales Accumulate Over 47K BTC Amidst Price Rally

Bitcoin experiences a transformative moment as large-scale investors, known as whales, acquire over 47,000 BTC, valued at $2.9 billion, amidst a price retreat. This strategic move marks a pivotal shift in sentiment,...

Kraken Pro Boosts Shiba Inu with New Margin Trading Option

Kraken Pros announcement of Shiba Inus (SHIB) inclusion in its margin trading pairs signifies a significant milestone for the meme-inspired cryptocurrency. This move underscores SHIBs growing prominence within the crypto...

Hong Kong Firm Dominates BlackRock's Bitcoin ETF, Surges to Top Holder

In a significant development for the cryptocurrency market, Hong Kong-based Yong Rong HK Asset Management Ltd has secured its position as the largest holder in the BlackRock iShares Bitcoin ETF (IBIT), according to recent...

Nintendo's Next-Gen: Switch 2 Could Hit 240FPS, Leaks Suggest

Leaked by data miner OatmealDome, Nintendos updated NintendoWare Bezel Engine reportedly supports frame rates potentially as high as 240FPS, a massive leap from the current 60FPS limit on the Nintendo Switch. The...
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